5326 Smiley Dr, Los Angeles, CA 90016
5326 Smiley Dr, Los Angeles, CA 90016
5326 Smiley Dr, Los Angeles, CA 90016
5326 Smiley Dr, Los Angeles, CA 90016
5326 Smiley Dr, Los Angeles, CA 90016
5326 Smiley Dr, Los Angeles, CA 90016
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Armand Martin

Armand Martin

+1(661) 221-5011
$ 950,000
Est. payment | /mo

2 Beds

1 Bath

872 SqFt

Save
$ 950,000
Est. payment | /mo
Save

2 Beds

1 Bath

872 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 872 sqft

Price per Sqft $1,089

MLS Listing ID 26829999

Style Traditional

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1924

Lot Size 4,802 Sqft

Acres 0.1102

Property Sub-Type Single Family Residence

Property Description

Located in a premier Opportunity Zone in the heart of West Adams, this LARD1.5-zoned parcel offers a rare, SB 8-exempt, and non-rent-controlled development opportunity with a streamlined path to market-rate construction. This is for only Lot 1, as seen in photos, provides an opportunity to build a "by-right" triplex, plus the addition of an ADU yields a fourplex in one of the nation's fastest-growing sub-markets. Capitalize on the immense demand from expanding nearby offices for Apple, Amazon Studios, and HBO. Future residents will enjoy easy access to Whole Foods, Mizlala, the newly opened Maydan Market, and all the trendy destinations along Adams Blvd. The site is uniquely positioned as a standalone project or as part of a strategic five-lot assembly totaling a half-acre with plans for 16 small-lot homes. Unlike many central LA developments, this project requires no low-income set-asides or replacement units, allowing for 100% market-rate rental or sales potential. This is an ideal acquisition for developers seeking a high-margin exit or a stable, long-term hold in Los Angeles' most dynamic growth hub.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling None

Flooring Tile

Fireplaces Type None

Equipment None

Laundry None

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Building

Architectural Style Traditional

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Sotheby's International Realty

Nearby Locations

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Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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5326 Smiley Dr